031 - Portfolio Update: Why We Trimmed Discover Financial Services (DFS)
06/15/21 • 6 min
1 Listener
Why we recently trimmed Discover Financial Services (DFS) in the AMM Dividend Growth Strategy and a new risk that emerged from the increased stimulus and U.S. consumers with a lot of excess cash.
AMM Books
Fact Sheet
AMM Dividend Growth Strategy Q1 2021
Learn more about American Money Management, LLC.
Contact Glenn Busch
(858) 755-0909
Why we recently trimmed Discover Financial Services (DFS) in the AMM Dividend Growth Strategy and a new risk that emerged from the increased stimulus and U.S. consumers with a lot of excess cash.
AMM Books
Fact Sheet
AMM Dividend Growth Strategy Q1 2021
Learn more about American Money Management, LLC.
Contact Glenn Busch
(858) 755-0909
Previous Episode
030 - Northrop Grumman (NOC): Nuclear Dividend Growth
Breaking down our position in Northrop Grumman (NOC).
- Its emerging Nuclear Triad monopoly
- The immediate risks that we see
- And our estimate of fair value.
For brevity, dividend history and dividend safety will not be talked about in this episode but can be found in our original write-up that you can download below.
Download the Original Write-up
AMM Dividend Letter #48: Northrop Grumman
AMM Books
Fact Sheet
AMM Dividend Growth Strategy Q1 2021
Learn more about American Money Management, LLC.
Contact Glenn Busch
(858) 755-0909
Next Episode
032 - Home Depot (HD): The Trends Driving Future Growth
The major trends that are driving Home Depot's future growth like gains in market share and demographic shifts. The risks to our investment. Are we in another housing bubble? And finally, our estimate of fair value based on an ROIC justified P/E ratio and a DCF model.
Download the Original Write-up
AMM Dividend Letter #49: Home Depot
Links
Housing and Demographics: The Next Big Shift
AMM Books
Fact Sheet
AMM Dividend Growth Strategy Q2 2021
Learn more about American Money Management, LLC.
Contact Glenn Busch
(858) 755-0909
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